Bloomberg Business

Prologis Inc. priced $2 billion in new bonds Monday that will help finance its deal to buy real estate assets from funds affiliated with Blackstone Inc.

Carnival Corp. shares tumbled by the most in more than seven months after the cruise-ship operator reported quarterly results and an annual forecast that failed to keep pace with the high expectations that had fueled a sharp rally in the stock.

Goldman Sachs Group Inc. joined a list of brokers turning less bullish on Tesla Inc. shares after the electric-vehicle maker’s blistering rally this year.

US stocks fell while government bonds advanced as traders unwound bets the Federal Reserve will cut interest rates this year.

Argentine bonds are among the biggest gainers in emerging markets Monday after the ruling Peronist bloc coalesced around the centrist Economy Minister Sergio Massa as its main candidate.

A lack of existing homes for sale and robust demand are fueling a rally in homebuilder stocks, according to Citigroup.

Alphabet Inc. fell 3.3% on Monday, after UBS Group AG downgraded the Google parent to neutral from buy in the latest example of waning enthusiasm toward megacaps among Wall Street analysts.

PacWest Bancorp sold a $3.5 billion asset-backed loan portfolio to Ares Management Corp., the latest example of a bank seeking to improve liquidity by selling assets to private investment firms.

US Treasury Secretary Janet Yellen plans to visit Beijing in early July for the first high-level economic talks with her new Chinese counterpart, people familiar with the scheduling said.

Guatemala’s presidential election is set for a runoff between two candidates promising to boost social spending and improve security in Central America’s largest economy.